Hey, big spenders

Article Abstract:

According to a recent study by Statistics Canada, undeterred by a challenging economy or problems like SARS, terrorist attacks and mad cow disease, Canadians continued to invest in housing, automobiles, technology and healthcare. Due to this big time spending, their personal savings have fallen greatly and their debt levels have increased.

Canada, Forecasts, trends, outlooks, Labor Distribution by Employer, Forecasts and trends, Statistics, Market trend/market analysis, Savings

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As families splurge, Chinese savings start to take a hit

Article Abstract:

The Chinese government is encouraging consumer spending to improve the economy. Greater spending is hoped will offset an increased trade deficit and avert a showdown on currency adjustments and trade sanctions.

United States, China, Economic Programs, Administration of Economic Programs, Economic policy

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